EX-99.906CERT

CERTIFICATION


Pursuant To Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a)
and (b) of section 1350, chapter 63 of title 18,United States Code), each
of the undersigned officers of Aquila Rocky Mountain Equity Fund, do hereby
certify to such officer's knowledge, that:

The report on Form N-CSR of Aquila Rocky Mountain Equity Fund for the
period ended December 31, 2003 (the "Form N-CSR") fully complies with the
requirements of Section 13(a) or 15(d) of the Securities Exchange Act
of 1934 and information contained in the Form N-CSR fairly presents, in
all material respects, the financial condition and results of operations
of Aquila Rocky Mountain Equity Fund.

Dated: March 8, 2004		/s/  Lacy B. Herrmann
						-------------------------------
						Lacy B. Herrmann
						Chairman of the Board
						Aquila Rocky Mountain Equity Fund

Dated:  March 8, 2004		/s/  Diana P. Herrmann
						----------------------------------
						Vice Chair and President
						Aquila Rocky Mountain Equity Fund

Dated:  March 8, 2004		/s/  Joseph P. DiMaggio
						----------------------------------
						Chief Financial Officer
						Aquila Rocky Mountain Equity Fund

A signed original of this written statement required by Section 906, or other
document authenticating, acknowledging, or otherwise adopting the signature
that appears in typed form within the electronic version of this written
statement required by Section 906, has been provided to Aquila Rocky
Mountain Equity Fund and will be retained by Aquila Rocky Mountain Equity
Fund and furnished to the Securities and Exchange Commission or its staff
upon request.

This certification is being furnished solely pursuant to 18 U.S.C. ss. 1350
and is not being filed as part of the Report or as a separate disclosure
document.